TheSnapper

TheSnapper's Bank: $2 163,06 (+1198,01% profit)
TheSnapper's Start Bank: $198.00

Mr. Kelly's Bank: $1 610,04 (+ 7950,20% profit)
Mr.Kelly's Start Bank: $20.00

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Ouch! My bank went 0/4 for a loss of -15,7%. Mr. Kelly was smashed, losing 3/4 for -25%.

A brutal day, but interesting in its destruction. There must be lows, as well as highs, and there will be losing streaks and bad days. Yeasterday was about as bad as it can be. But the boat is still afloat and I have been through periods like this a few times already. My record losing streak was 6 in a row, and I bounced back soon enough.

My Kelly staking has already cut back my stakes to protect the bank. My stake, for example, for laying  a 2,00 runner has dropped from $64 to $54, a 15% drop.

I talk about the highs and about winning money, but I will also talk about the lows, the losing streaks and losing money. Be under no illusion...gambling has two sides, profit and loss, and you need to master both. Kelly staking is there for you in the good times and protects you in the bad times, like now. It is like a storm, you batten down the hatches, steer for calmer seas and hope it blows over quickly. YOu know it can't go on forever and the sun will come out again soon.